Oki Electric Industry Balance Sheet Health
Financial Health criteria checks 4/6
Oki Electric Industry has a total shareholder equity of ¥139.1B and total debt of ¥103.6B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are ¥414.9B and ¥275.8B respectively. Oki Electric Industry's EBIT is ¥23.8B making its interest coverage ratio -53.5. It has cash and short-term investments of ¥31.5B.
Key information
74.5%
Debt to equity ratio
JP¥103.65b
Debt
| Interest coverage ratio | -53.5x |
| Cash | JP¥31.55b |
| Equity | JP¥139.11b |
| Total liabilities | JP¥275.82b |
| Total assets | JP¥414.93b |
Recent financial health updates
No updates
Recent updates
Slowing Rates Of Return At Oki Electric Industry (TSE:6703) Leave Little Room For Excitement
Dec 15
Oki Electric Industry's (TSE:6703) Promising Earnings May Rest On Soft Foundations
Nov 20Oki Electric Industry (TSE:6703) Is Paying Out A Dividend Of ¥30.00
Nov 11Unpleasant Surprises Could Be In Store For Oki Electric Industry Co., Ltd.'s (TSE:6703) Shares
Jul 27There May Be Underlying Issues With The Quality Of Oki Electric Industry's (TSE:6703) Earnings
May 21A Piece Of The Puzzle Missing From Oki Electric Industry Co., Ltd.'s (TSE:6703) Share Price
Apr 19Financial Position Analysis
Short Term Liabilities: 6703's short term assets (¥229.2B) exceed its short term liabilities (¥192.8B).
Long Term Liabilities: 6703's short term assets (¥229.2B) exceed its long term liabilities (¥83.0B).
Debt to Equity History and Analysis
Debt Level: 6703's net debt to equity ratio (51.8%) is considered high.
Reducing Debt: 6703's debt to equity ratio has increased from 70.8% to 74.5% over the past 5 years.
Debt Coverage: 6703's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 6703 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:23 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Oki Electric Industry Co., Ltd. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hiroyuki Masuko | Citigroup Inc |
| Yusuke Miura | Daiwa Securities Co. Ltd. |
| Ikuo Matsuhashi | Goldman Sachs |